| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $73M | $78M | $63M | -7.1% | 15.9% |
| Op. Income | -$26M | -$29M | -$12M | 13.0% | -114.8% |
| Gross Margin | 44.8% | 36.1% | 54.1% | 8.7pp | -9.3pp |
| Net Margin | -34.7% | -37.6% | -22.0% | 2.8pp | -12.7pp |
| EPS (Diluted) | $-3.38 | $-3.95 | $-1.93 | 14.4% | -75.1% |
| Free Cash Flow | -$26M | -$32M | -$29M | 20.1% | 11.7% |
| Item | Amount |
|---|---|
| REVENUE | $73M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $45M |
| SG&A Expenses | $57M |
| Other Expenses | $747.0K |
| Operating Expenses | $58M |
| Cost & Expenses | $98M |
| OPERATING INCOME | -$26M |
| Interest Income | $0 |
| Interest Expense | $35.0K |
| Other Income/Expenses | $120.0K |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | -$153.0K |
| Net Income from Continuing Ops | -$25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$25M |
| D&A | $4M |
| EBIT | -$25M |
| EBITDA | -$21M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$25M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$18M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$271.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$152.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $862.0K |
| FREE CASH FLOW | -$26M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $36M |
| Inventory | $126M |
| Other Current Assets | $630.0K |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $52M |
| Goodwill | -$15M |
| Intangible Assets | $15M |
| Long-Term Investments | $2M |
| Tax Assets | $102.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $62M |
| TOTAL ASSETS | $414M |
| Account Payables | $18M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $81M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | -$214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $0 |
| TOTAL EQUITY | $332M |
| TOTAL LIABILITIES & EQUITY | $414M |
| Total Debt | $0 |
| Net Debt | -$181M |
